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What is the strike off company?
A striking-off company is one that has had its name struck off from the company's registration and has ceased to exist. Strike off companies are divided into two categories.
Voluntary strike off company-
The directors strike the corporation off by dissolving it in this circumstance. Directors disband a firm when they no longer have a reason to run it. Other grounds for dissolving a firm include the retirement of directors, the concentrate on another project, and so on.
Compulsory strike off company-
A third party is involved in this case. The petition for compulsory striking off a firm will be signed by a third party. When a company fails to follow the rules and regulations, as well as fail to file yearly accounts and financial statements, the registrar house of companies might take action.
They must publish a notice in the Gazette informing all linked parties of the strike-off company. Other parties have two months to file an objection to the notice. The firm's name will be withdrawn after the period has expired, and the company will cease to exist.
May 13, 2022
Black Canyon City
Nieuwezijds Voorburgwal 104 Amsterdam – 1012 SG, The Netherlands
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